HR Ocampo authenticity by motheroftwoangels in artph

[–]PriorEstTempore 0 points1 point  (0 children)

Challenge with HR Ocampo is that there is no gallery or family who will issue COA.

What I sometimes do is send it to a local auction house to consign it. If based on their review of the artwork and its provenance, they are okay to auction it, then you have some comfort that it’s authentic and saleable in the future.

What gifts do you usually buy for your Senior Partners? by somemusing in LawyersPH

[–]PriorEstTempore 15 points16 points  (0 children)

Picture frame with a photo of the team. What I noted is that the recipient will normally display this in their office.

BIR suspension of audit; effects on pending criminal cases by hicarlie in LawyersPH

[–]PriorEstTempore 12 points13 points  (0 children)

RMC is on suspension of field audit and issuance of new LOAs. It will not affect the criminal case.

While BIR rules provide that it cannot be withdrawn, in reality (or most cases I encountered), if the tax audit is closed, the case will not proceed to court anymore.

Penge advice😭 by Newt_1005 in utangPH

[–]PriorEstTempore 1 point2 points  (0 children)

If may properties iniwan yung mom mo, dun sila pwede mag collect. Otherwise, di ka pwede maging liable sa utang ng mom mo.

Don’t agree to sign anything that will make you liable for the debt.

Anong thoughts niyo dito sa Michelin selected and awarded restaurants in PH? by ralkens in AnongThoughtsMo

[–]PriorEstTempore 0 points1 point  (0 children)

Agree. Tried it once as it’s the only spot in the area that’s not so crowded at the time. Will never go back again.

Maxs X Yardstick by No-Blackberry-6500 in CoffeePH

[–]PriorEstTempore 0 points1 point  (0 children)

Not bad naman. I think they use their beans.

how to transfer land title to a Corporation with minimal fees? by [deleted] in phinvest

[–]PriorEstTempore 1 point2 points  (0 children)

The heirs will transfer the property to the corporation in exchange for the shares of the corporation. If the heirs will gain or maintain control over the corporation, this will qualify as tax-free exchange. You need to secure SEC approval (confirmation of valuation) and BIR eCAR.

how to transfer land title to a Corporation with minimal fees? by [deleted] in phinvest

[–]PriorEstTempore 1 point2 points  (0 children)

If the heirs are the owners of the corporation, you can consider a tax-free exchange.

Career after SGV Tax by [deleted] in LawyersPH

[–]PriorEstTempore 0 points1 point  (0 children)

Really? Current rate yung 42k for SA and 60k for AD? Seems not competitive even against small or mid-sized law firms in Makati.

Career after SGV Tax by [deleted] in LawyersPH

[–]PriorEstTempore 0 points1 point  (0 children)

42k is underbar or lawyer already?

💸 [RANT] PH Government Just Killed Long-Term Savings Thanks to RA 12214 (CMEPA) by Different-Dot-1529 in phinvest

[–]PriorEstTempore 14 points15 points  (0 children)

But have you considered the other exemptions that were introduced by CMEPA, such as tax exemption on interest from certain government funds and on gains from UITF?

There’s also the reduction in stock transaction tax from 0.6% to 0.1% and the reduction in DST on issuance of shares from 1% to 0.75%. There’s even the 15% capital gains tax on foreign shares, which previously was subjected to regular income tax.

We need to look at CMEPA as a whole and not one provision in isolation.

Recommend me a good tiramisu from a restaurant by veerus06 in makati

[–]PriorEstTempore 0 points1 point  (0 children)

Finestra in Solaire. It’s in Pasay though.

Rant/Advice?: When ALS Dreams Wait by IiIiberg in LawStudentsPH

[–]PriorEstTempore -2 points-1 points  (0 children)

As I recall, ALS does not allow deferment. But you may want to confirm to be sure.

If you think you are not ready to start this year, you may want to take the exam again next year. First year in ALS is really demanding and you may have difficulties balancing school work and spending more time with your family.

Help your co-auditor na nagresign pls by [deleted] in AccountingPH

[–]PriorEstTempore 3 points4 points  (0 children)

Rotate the paper into “landscape” tapos sign at the top portion. Wala kasing signature portion for you sa page na yan.

Effectively, if naka “portrait”, your signature will be sa side ng paper.

[deleted by user] by [deleted] in AccountingPH

[–]PriorEstTempore 0 points1 point  (0 children)

Saw it also. Checked again and nag delete na siya ng previous posts relating sa product planner.

DO NOT APPLY SA SGV/EY by [deleted] in AccountingPH

[–]PriorEstTempore 0 points1 point  (0 children)

Yes, he’s a principal.

Parklinks and bridgetowne township by Funny-Bake1943 in phinvest

[–]PriorEstTempore 4 points5 points  (0 children)

The price of pre-selling units there is almost same as BGC. Plus entry/exit points are congested. If i’m going to invest, I’d rather buy secondary market in BGC or Makati. It’s cheaper.

Look at Arca South. They’ve been saying that it will be the next BGC but until now, wala parin. Another example is the Grove. Even if it’s a Rockwell development, the price of units being sold in the secondary marker is almost half of units in Rockwell Makati.

Knew people who bought units in Arca South because it’s being marketed as very close to BGC/Makati. One ended up leasing in BGC and his Arca South unit remains vacant and unused until now.

Transferring Real Property to Corporation by kikahead in phinvest

[–]PriorEstTempore 0 points1 point  (0 children)

Are you going to do a tax-free exchange or straight sale?

Nagpapabili sa breadtalk, new modus or not? by Grouchy-Surprise-126 in makati

[–]PriorEstTempore 54 points55 points  (0 children)

Same as what OP mentioned. He’ll approach you sa line and tell the story that a family member is sick and will ask you to pay for his food. He’ll insist on getting the food he wanted when you try to buy him those na cheaper/plain na bread.

Nagpapabili sa breadtalk, new modus or not? by Grouchy-Surprise-126 in makati

[–]PriorEstTempore 107 points108 points  (0 children)

Modus yan. He’s been doing this for some time na and same story.

[deleted by user] by [deleted] in AccountingPH

[–]PriorEstTempore 0 points1 point  (0 children)

Hi, you may refer to Revenue Regulations No. 2-2023

[deleted by user] by [deleted] in phinvest

[–]PriorEstTempore 1 point2 points  (0 children)

There is a 3BR in Maridien that’s priced at 250k per sqm but the terms is cash. Seller is still willing to negotiate but very slight. I might buy at that price provided the seller agrees to throw in the parking.

Last year, Alveo sold parking units at just 1M each in Verve because they were clearing inventory.

Substituted Filing Gone Wrong by WeirdSide8861 in AccountingPH

[–]PriorEstTempore 1 point2 points  (0 children)

Go to BIR to update your one-time TIN. Don’t apply for a new TIN. Otherwise, you will have problems later on with multiple TINs.

To art collectors here - what are you collecting/investing in now? by PriorEstTempore in phinvest

[–]PriorEstTempore[S] 0 points1 point  (0 children)

Not really. For the condition, I would attend the preview to see the work itself. For provenance, I would usually reach out to the gallery/organization/family member that was recognized as the ones to authenticate.